1500 Oates Street NE Washington, DC $ 1,250,000
1500 Oates Street NE
$ 1,250,000
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1500 Oates Street NE

Washington, DC, 20002
$ 1,250,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 8,308

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Multi-Family Home for sale in Washington, DC

for $1,250,000 with 5 bedrooms. This home was built in 1938 on a lot size of 0.12.

WOW!!!! This is an Amazing Opportunity to Own a great home, in a great neighborhood, and have two 2 units for you to supplement the Mortgage. Use a DSCR loan and use the rental units' income to help you pay for the property!! Or turn the spacious upstairs Owner's Suite unit into 2 units, live in one, and rent out 3 units. Either way, you win! Sooooo many options. This Apartment Building is well maintained and features Central Air Conditioning, Gas Hot Water Radiator Heating, a Washer and Dryer in each unit, a Covered Carport with Off-Street parking for two cars, a storage shed, a small yard, and most of all AN AWESOME LOCATION, LOCATION, LOCATION!!! ***Showing will be by Appointment only, with the Listing agent.***** As per standard procedure, Buyer(s) must provide Proof of Funds and an approval letter from a local, reputable lender, before the appointment will be set. There is no lockbox. This building has great tenants with short-term Leases. This is a fantastic opportunity to create generational wealth and City living. This property is a short distance from H St, Gallaudet, Hechinger Mall and so much more. I look forward to the excitement on your face, once you see this place! No Hard Money deals please. Buyer must show Proof of Funds in the Bank under their name!!! Please contact me, or your Realtor, to schedule an appointment. 2 of the units are rented, so I must be with you for the showing. No Appointment, No Access!! Note the 3rd unit is the entire top level. This home may have been a 4 unit at one time.

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,645

Style

Traditional,Unit/Flat

Lot Size

0.12

Year Built

1938

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2137458

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Radiator
Cooling Central A/C
Possession Settlement Subject to Existing Lease
Appliances Dryer - Electric Refrigerator Stove Washer
Zoning UNKNOWN
Patio/Porch Features Patio(s)
Architectural Style Traditional Unit/Flat
Construction Materials Brick
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Year Built 1938
Property SubType Triplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County WASHINGTON
New Construction N
Property Type Multi-Family
Subdivision Name TRINIDAD
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions NY Ave to Bladensberg Rd toward H St NE. Right turn on Oates St NE to 1500 (No Sign)
City WASHINGTON
Buyer Agent Compensation 3
NumberOfUnitsTotal 4
Lot Size Units Square Feet
Lot Size Square Feet 5312.00
Waterfront Y/N N
Tax Annual Amount 1645.0
Home Warranty Y/N N
Two Bedroom 2
Structure Type End of Row/Townhouse
Price Per Sq Ft Total AG 347.03
Vacation Rental Y/N N
Days on Market 86
Standard Status Active
Year Built Source Estimated
Legal Subdivision Trinidad
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Pool No Pool
Water Source Public
Type of Parking Driveway Detached Carport Off Street
Foundation Details Other Concrete Perimeter
Water View Y/N N
Lot Dimensions 5 312
Lot Size Acres 0.12
Lot Size Source Estimated
Soil Types Unknown
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1500
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* Excluded Features
List By
Sellstate Dominion Realty

Broker

chuckmyrealtor@gmail.com

Email

Affordability Calculator

$8,445
Per Month
98%
2%
0%
Monthly Principal & Interest
$8,308
Monthly Property Taxes
$137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3533234 Elementary School
3533273 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/19/2024$1,250,000 -16.67% Price Down
4/17/2024$1,499,999 Listed Price

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1500 Oates Street NE, Washington, DC, 20002 is a Multi-Family Home for sale at $1,250,000 with a lot size of 0.12. 1500 Oates Street NE has 5 bedrooms, 0.0 baths, and was built in 1938. The property's zip code is 20002 which is in Washington, DC